Tri-Continental Announces Board Nominees Re-Elected
06 10월 2006 - 1:30AM
Business Wire
At the adjourned Special Meeting of Stockholders held in New York,
Tri-Continental Corporation (NYSE: TY) today announced that
preliminary results continue to indicate that the three incumbent
Directors nominated for re-election by Tri-Continental�s Board were
re-elected. In addition, on a proposal to amend Tri-Continental�s
charter to reduce the quorum requirements for future stockholder
meetings, the preliminary results indicate that the majority of
votes cast were for the proposal but that the proposal did not
achieve the required majority of all votes entitled to be cast. The
final results of the Meeting will be announced by press release,
and will be posted to Tri-Continental�s website:
www.tricontinental.com. Tri-Continental Corporation is one of the
nation�s largest, diversified, publicly traded closed-end equity
investment companies, and has paid dividends for 62 consecutive
years. The Fund is managed by J. & W. Seligman & Co.
Incorporated, a New York-based investment manager and advisor,
which was founded in 1864. You should consider the investment
objective, risks, and charges and expenses of the Corporation
carefully before investing. A prospectus containing information
about the Corporation (including its investment objectives, risks,
expenses, and other information about the Corporation) may be
obtained by contacting your financial advisor or Seligman Advisors,
Inc. at 800-221-2783. The prospectus should be read carefully
before investing in the Corporation. At the adjourned Special
Meeting of Stockholders held in New York, Tri-Continental
Corporation (NYSE: TY) today announced that preliminary results
continue to indicate that the three incumbent Directors nominated
for re-election by Tri-Continental's Board were re-elected. In
addition, on a proposal to amend Tri-Continental's charter to
reduce the quorum requirements for future stockholder meetings, the
preliminary results indicate that the majority of votes cast were
for the proposal but that the proposal did not achieve the required
majority of all votes entitled to be cast. The final results of the
Meeting will be announced by press release, and will be posted to
Tri-Continental's website: www.tricontinental.com. Tri-Continental
Corporation is one of the nation's largest, diversified, publicly
traded closed-end equity investment companies, and has paid
dividends for 62 consecutive years. The Fund is managed by J. &
W. Seligman & Co. Incorporated, a New York-based investment
manager and advisor, which was founded in 1864. You should consider
the investment objective, risks, and charges and expenses of the
Corporation carefully before investing. A prospectus containing
information about the Corporation (including its investment
objectives, risks, expenses, and other information about the
Corporation) may be obtained by contacting your financial advisor
or Seligman Advisors, Inc. at 800-221-2783. The prospectus should
be read carefully before investing in the Corporation.
Tri Continental (NYSE:TY)
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